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Hi I read this in technical article
A financial asset that is a debt instrument will be subsequently accounted for using amortised cost if it meets two simple tests.
These two tests are the business model test and the cash flow test.However, When i do other readings,
It said “A financial assets is measured at FVOCI under IFRS 9 it if meets business model test and cash flow test.”
I’m confused now 🙁 Which is correct?
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